Financials
- Fiscal year
- 2025
- Turnover
- €26.3m
- Profit
- €973,044
- Solvency
- 65.4%
Turnover▼ 22.5%
Net result
20182025
FLUOR ENGINEERING
ActiveSummary
FLUOR ENGINEERING has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.5m and a net result of €973,044. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 825 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203
1 site
Size
€26.3mturnover 2025
- Staff
- 104.8 FTE
- Equity
- €13.5m
- Profit
- €973,044
Structure
- Parent
- Fluor Europe BV · 99%
- Board
- 2 members
Auditor: Christophe MildeAccounts filed 34 d late1 of 17 deeds read
Why 95- Latest accounts 34 days late; 2 of the last 3 late+ Liquidity: current ratio 3.34, cash €11.1m, halved+ Size: turnover €26.3m, 104.8 FTE, total assets €20.7m+ Equity €13.5m (65.4% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 60% of its sector peers (NACE 71, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
90-10
equity 65.4% of total assets
Liquidity
88-6
short-term debt 29.4% · cash 53.6%
Profitability
63-15
return on assets 4.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%● 0.0% vs 12-2024
02-2025: < 0.1%▼ -3.1% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%▼ -3.2% vs 03-2025
05-2025: < 0.1%▲ +3.3% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%▲ +3.2% vs 06-2025
08-2025: < 0.1%▲ +21.9% vs 07-2025highest value
09-2025: < 0.1%▼ -28.2% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%▼ -3.6% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%▼ -3.7% vs 03-2026
05-2026: < 0.1%▼ -3.8% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%▲ +4.0% vs 06-2026
08-2026: < 0.1%▲ +26.9% vs 07-2026
09-2026: < 0.1%▲ +6.1% vs 08-2026
10-2026: < 0.1%▼ -5.7% vs 09-2026
- Liquidity: current ratio 3.34, cash €11.1m, halved lowers the probability
- Latest accounts 34 days late; 2 of the last 3 late raises the probability
- Size: turnover €26.3m, 104.8 FTE, total assets €20.7m lowers the probability for this profile
- Equity €13.5m (65.4% of total assets) lowers the probability
Credit up to €1,250,000 at 30 days acceptable
Liquidity ample (current ratio 3.34 against 4.92 in 2024; short-term debt: 29.4% and cash: 53.6% of total assets), and 34.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, medium-sized). Better than this share of them on solvency 81%, liquidity 96%, profitability 54%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
34 d late
2024
11 d late
2023
61 d late
2022
25 d early
2021
31 d early
2020
24 d early
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 August (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignations: Philippe Teirlinck (director) and Olaf…Reappointments: GERARD VERBOON (director) and…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
- Caution: Result fell in 2025from €3.4m to €973,044 ▼ 71.4% View
- Positive: Among the best 8% on equitysector median €565,705 · 825 companies €13.5m View
- Positive: 8 profitable years in a rowprofit 2025: €973,044 8 years View
- Controlled by Fluor Europe BVknown shareholders 100% 99% View
- Flemish supportawarded 2022 - 2025 €97,855 View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Fluor Europe BV · 99%
- Known shareholders
- 100%
- Auditor
- Christophe Milde
Go to Board & ownership
Network & group
- Group
- Fluor Corporation
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-09-2026Resignations: Philippe Teirlinck (director) and Olaf Janssen…
- 03-09-2026Annual accounts filed
- 11-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Founded
- 02-12-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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